Unified Series Trust Etf Price on October 16, 2024
OALC Etf | USD 30.62 0.15 0.49% |
If you're considering investing in Unified Etf, it is important to understand the factors that can impact its price. As of today, the current price of Unified Series stands at 30.62, as last reported on the 28th of November, with the highest price reaching 30.70 and the lowest price hitting 30.56 during the day. At this point, Unified Series is very steady. Unified Series Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unified Series Trust, which you can use to evaluate the volatility of the etf. Please validate Unified Series' Risk Adjusted Performance of 0.1051, coefficient of variation of 728.7, and Semi Deviation of 0.5925 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Unified Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Unified |
Sharpe Ratio = 0.1372
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Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Unified Series is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Unified Series by adding it to a well-diversified portfolio.
Unified Series Valuation on October 16, 2024
It is possible to determine the worth of Unified Series on a given historical date. On October 16, 2024 Unified was worth 29.59 at the beginning of the trading date compared to the closed value of 29.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unified Series etf. Still, in general, we apply an absolute valuation method to find Unified Series' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Unified Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unified Series' related companies.
Open | High | Low | Close | Volume | |
29.81 | 29.87 | 29.56 | 29.62 | 4,103 | |
10/16/2024 | 29.59 | 29.77 | 29.59 | 29.71 | 9,510 |
29.84 | 29.89 | 29.71 | 29.71 | 9,124 |
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Unified Series Trading Date Momentum on October 16, 2024
On October 17 2024 Unified Series Trust was traded for 29.71 at the closing time. The top price for the day was 29.89 and the lowest listed price was 29.71 . The trading volume for the day was 9.1 K. The trading history from October 17, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.24% . |
Unified Series Trust Fundamentals Correlations and Trends
By evaluating Unified Series' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Unified Series' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unified financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unified Series Etf history
Unified Series investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Unified is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unified Series Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Unified Series stock prices may prove useful in developing a viable investing in Unified Series
The Adviser seeks to achieve the funds investment objective by applying the advisers proprietary OneAscent Navigator process to a pre-screened subset of U.S. companies with large market capitalizations. Oneascent Large is traded on NYSEARCA Exchange in the United States.
Unified Series Etf Technical Analysis
Unified Series technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Unified Series Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Unified Series November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Unified Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unified Series shares will generate the highest return on investment. By undertsting and applying Unified Series etf market strength indicators, traders can identify Unified Series Trust entry and exit signals to maximize returns
Unified Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unified Series' price direction in advance. Along with the technical and fundamental analysis of Unified Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unified to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1051 | |||
Jensen Alpha | 0.0016 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.1174 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Unified Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Unified Series Trust is measured differently than its book value, which is the value of Unified that is recorded on the company's balance sheet. Investors also form their own opinion of Unified Series' value that differs from its market value or its book value, called intrinsic value, which is Unified Series' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unified Series' market value can be influenced by many factors that don't directly affect Unified Series' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unified Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Unified Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unified Series' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.